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Crude Oil WTI Mar '24 (CLH24)

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Crude Oil WTI Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil WTI prices and Crude Oil WTI futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Fri, Dec 19th, 2025.
Latest price quotes as of [[ snapshotDate ]].
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Looking for expired contracts? Check out our Crude Oil WTI Historical Prices page.

Crude Oil WTI Futures Market News and Commentary

Crude Oil Prices Settle Higher on Heightened Geopolitical Risks

January WTI crude oil (CLF26) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0069 (+0.41%).

Crude oil and gasoline prices settled higher on Friday.  Crude prices are supported amid heightened geopolitical risks in Venezuela and Russia.  Also, Friday's stock rally boosts optimism about the economic outlook, which is supportive of energy demand.  Crude prices raced to their highs Friday afternoon after the Baker Hughes weekly report showed active US oil rigs fell to a 4.25-year low, which portends lower crude production in the near term.  

Gains in crude were limited on Friday after the dollar index (DXY00) climbed to a 1-week high.  Also, a bearish global supply outlook continues to limit the upside in crude prices.

Weakness in the crude crack spread is bearish for crude prices.  The crack spread fell to a 6-month low on Friday, discouraging refiners from purchasing crude oil and refining it into gasoline and distillates.

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